Join a Challenger
Being a traditional bank just isn’t our thing, so we challenge ourselves to get
creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers
that break through the status quo. So, if you’re passionate about redefining the
future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today we serve more than 670,000 people
across Canada through Equitable Bank, Canada's Challenger Bank™, and have been
around for more than 50 years. Equitable Bank's wholly-owned subsidiary,
Concentra Bank, supports credit unions across Canada that serve more than six
million members. Together we have over $125 billion in combined assets under
management and administration, with a clear mandate to drive change in Canadian
banking to enrich people's lives. Our customers have named our EQ Bank digital
platform (eqbank.ca [https://www.eqbank.ca/]) one of the top banks in Canada on
the Forbes World's Best Banks list since 2021.
The Managing Director, Investor Relations will be responsible for a robust
investor relations framework for EQB, including leading the design and delivery
of a multi-year investor and valuation strategy for the bank, periodic investor
days, the annual investor relations plan and KPIs as approved and reported to
the Audit Committee. This leader is first on point for all retail, institutional
investor, analyst communications and interactions and at times media. This is a
high profile position to manage the reputation, perception and multi-billion
dollar market value of EQB in the capital markets as the owner of the 7th
largest and fastest growing bank in Canada.
This senior position will interact as much as daily with investors, analysts,
rating agencies, the media and senior leadership of EQB. The successful
candidate must bring a strong understanding of financial services strategy,
engaging with institutional investors, and a deep appreciation for banking with
a clear ability to learn and understand deeply the mechanics of EQB, the balance
sheet and financials, how the businesses work and in turn confident
communications with deep business insights.
Expert organizational and multi-tasking skills are a must and the individual
should be able to work with a high degree of independence and initiative,
comfortable with all levels of communication and able to work rapidly and
effectively including together with the CEO and CFO. The Managing Director IR
must also be willing to take a hands-on approach to the role together with a
high level of attention to detail. This position has a large component of
independent contribution with a small team.
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Main Activities
- Be accountable together with the CFO to create a 12-36 month investor
relations strategy roadmap, and corresponding annual IR scorecard to present
to the Audit Committee, including for all analyst coverage, investor meetings
and targets
- Create succinct and highly insightful quarterly reporting to the Management
Committee and Board of Directors, including all investor relations KPI
progress, market insight, and continuous improvement opportunities to improve
the long-term value of EQB
- Create and ensure all external presentations, the Equitable IR website, and
investor and equity analyst communications are planned, managed effectively
on a day-to-day basis, which can have a meaningful and critical impact on the
value of EQB and our perception in the capital markets
- Design and manage a multi-year investor relations plan, the delivery of all
key initiatives and a roadmap to achieving and maintaining full valuation of
the bank for investors including investor expansion and US marketing
- Work together with Treasury to manage interactions with fixed income
investors and credit rating agencies to improve the credit rating of the bank
- Proactively approach planning and analytical based approaches to expanding
the institutional investor base globally
- Actively manage relationships with all equity analysts particularly around
all quarterly reporting, consensus estimates and model reviews
- Prepare and distribute insightful regular competitive reporting and
intelligence and valuation insights
Knowledge/Skill Requirements
- 12+ years of investor relations, strategic finance, corporate development,
management consulting and/or corporate finance experience specifically
related to the financial institution sector
- Undergraduate degree in economics, business, mathematics or engineering from
a well-recognized and reputable institution
- MBA, CA/CPA and/or CFA
- Excellent understanding of the capital, capital ratios and business
constraints of operating a financial institution regulated by OSFI and under
the Basel rules
- Proven experience creating and leading a top tier investor relations practice
- Sound knowledge of secured lending businesses (with focus on commercial real
estate and single family residential) and the dynamics of raising
CDIC-insured deposits
- Expert understanding and ability to structure credit deals and
securitizations, model returns and capital implications, plan and execute
required due diligence
- In-depth knowledge of financial technology in Canada and the U.S. including
trends, major players, and business models
- Senior leadership experience in the areas of policy development, strategic
and business planning fundamentals, stakeholder relations (internal and
external) and oversight of complex projects
- Thorough understanding of banking information systems
- Strong business and financial modeling skills
- Network of relationships to gather insight into various segments of market
opportunity
- High aptitude for research and analysis
- Excellent verbal and written communication skills including creation of power
point presentations
- Comfortable interacting with all levels of the organization, including the
most senior management (i.e. CEO and CFO) and the Board of Directors
- Strong negotiation skills and the ability to get to yes
- Good judgment and ability to think quickly and respond in a very dynamic
environment
- Strong client focused orientation
- Ability to manage multiple projects and meet deadlines
- Prior experience with equity analysts, institutional investors, related
communications and strategy
- Successful track record of leading transformation in complex environments
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What we offer [For full-time permanent roles]
?? Competitive discretionary bonus
? Market leading RRSP match program
?? Medical, dental, vision, life, and disability benefits
?? Employee Share Purchase Plan
???? Maternity/Parental top-up while you care for your little one
?? Generous vacation policy and personal days
?? Virtual events to connect with your fellow colleagues
?? Annual professional development allowance and a comprehensive Career
Development program
?? A fulfilling opportunity to join one of the top FinTechs and help create a
new kind of banking experience
Equitable Bank is deeply committed to inclusion. Our organization is stronger
and our employees thrive when we honour and celebrate everyone’s diverse
experiences and perspectives. In tandem with that commitment, we support and
encourage our staff to grow not just in their career path, but personally as
well.
We commit to providing a barrier-free recruitment process and work environment
for all applicants. Please let us know of any accommodations needed so that you
can bring your best self to the application process and beyond. All candidates
considered for hire must successfully pass a criminal background check and
credit check to qualify for hire. While we appreciate your interest in applying,
an Equitable recruiter will only contact leading candidates whose skills and
qualifications closely match the requirements of the position.
We can’t wait to get to know you!
